Crypto.com will promote the BTG Dol stablecoin by pairing it with digital assets like Bitcoin and Ether on its trading platform.
BTG Pactual, one of the biggest banking institutions in Latin America, has joined with Crypto.com in a push to advance crypto banking within the region.
On Feb. 27, Crypto.com announced that it will list BTG Pactual’s BTG Dol, a stablecoin pegged to the United States dollar at a 1:1 ratio. The crypto exchange highlighted in the announcement that the new collaboration would involve promoting the use of the new stablecoin by pairing it with popular crypto assets.
Apart from listing BTG Dol, Crypto.com and BTG Pactual will promote the stablecoin by pairing it with prominent digital assets like Bitcoin (BTC) and Ether (ETH). According to the exchange, this aligns with the strategic partnership’s goal to jump-start the digital economy in Latin America and connect traditional and digital finance for its users.
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Source: https://cointelegraph.com/news/crypto-com-btg-stablecoin-push